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Member Updates

Why do people choose to set up asset holding structures for their personal wealth?

Featured article by PBEC Member : Joanna Caen PraxisIFM Managing Director Hong Kong  Email: Joanna.caen@praxisIFM.com At first glance it may seem strange that many high net worth, and even more ultra-high net worth, individuals and families choose to own their...
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PBEC Corporate Member DL Holdings a HK public listed private wealth management services firm see opportunities for wealth managers in Hong Kong.

While most of Asia’s wealth managers are eyeing the new economy sector, some market-leading Chinese companies in traditional industries that have accumulated substantial wealth offshore but still lack financial services due to their size and market cap can provide these...
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PBEC Emeritus Chairman Wilfred Wong and Corporate Member Sands China announce discretionary allowance for 99% of all its employees despite Covid-19

Sands China Ltd has announced a discretionary allowance for more than 26,000 eligible full-time team members, completing the set of all six Macau concessionaires to have confirmed employee bonuses. The discretionary allowance, to be paid on 8 February, will be...
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PBEC Board of Director and Corporate Member Aboitiz Group pledge to donate more vaccine doses

THE ABOITIZ group has committed to donate additional vaccine doses for the second wave of the tripartite initiative among the private sector, the government and UK-based AstraZeneca plc, it said on Tuesday. The program dubbed “A Dose of Hope” aims...
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PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum – Davos 2021

PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum - Davos 2021. Message from Bill Thomas Global Chairman and CEO KPMG International. “As a firm, we’re driven by our Purpose —...
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PBEC Board of Director and Corporate Member FEC – Far East Consortium a HK public listed firm continues its expansion and development plans in the UK post Brexit.

The developer has appointed Timea Nacsa as assistant development manager, Adam Barbour as completions coordinator and Stephen Clayton as sales manager, as it progresses the £1bn Northern Gateway and other schemes. Far East Consortium is mapping out the first phase...
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Dato Vijay Eswaran, Founder & Executive Chairman of QI Group joins PBEC

We welcome our newest Corporate Member Dato Vijay Eswaran, Founder & Executive Chairman of QI Group based in Hong Kong and Malaysia. Vijay Eswaran is a prominent Malaysian entrepreneur, speaker, philanthropist and author. He is the founder and Executive Chairman...
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Aviation partner’s CEO captain Mark Burby heads up another successful disrupter project

As CEO of Aviation Partners Captain Mark Burby is a seasoned creator of disrupter model businesses. He started adult life as a Royal Marine Commando operating in one of the most elite Special Forces military units. Upon completing specialist military...
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PBEC Member Praxis-IFM – Global private client firm in talks to merge with Oak Group as part of its turnaround strategy after a poor annual result.

A NEW team heading one of Guernsey’s biggest financial services companies is helping turn around a financial loss – after ‘shortcomings’ in its acquisition strategy and organisational structure. PraxisIFM chairman Andrew Haining noted how the senior management team, led by...
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PBEC Member Takami Corp Japan & Hawaii – 53 By The Sea a Hawaiian Restaurant run by Takami Bridal wins first prize in the seafood category of the 111-Hawaii Awards 2020

53 By The Sea, a Hawaiian restaurant run by TAKAMI BRIDAL (Headquarters: Shimogyo-ku, Kyoto, Representative Director Shigemitsu Takami), a comprehensive bridal company that produces high-quality weddings such as domestic and overseas weddings and wedding dresses. (Fifty Three by the Sea)...
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PBEC Member Top Glove Corp – Capacity reached 90 billion pieces

Top Glove Corp Bhd announced its annual rubber glove production capacity had reached 90 billion pieces as at October 2020 as the Covid-19 pandemic led to robust demand for its products to curb the spread of the outbreak. Top Glove...
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PBEC Member Pelangi Publishing Group – Plans to take the firm private

Shares in Pelangi Publishing Group Bhd rose to its highest in seven months following a privatisation offer from its controlling shareholders. The textbook publisher rose 19.23%, or five sen to 31 sen, highest in seven months. The controlling shareholder, Datuk Sum...
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PBEC Member Raffles Family Office – Raffles family office partners with Italian football club Juventus

Raffles Family Office, a Hong Kong-based wealth management firm, has signed a three-year partnership with Juventus, the famed Italian football club. The agreement means the family office will be the Juventus' regional partner in Asia across five markets, including China, Hong...
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Henley & Partners Q4 Passport Index Report released powered by IATA

The Henley Passport Index is the original and most authoritative ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The index includes 199 passports and 227 travel destinations, giving...
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PBEC Chairman Emeritus Warren Luke’s son Bryan the President & CEO interviewed by Hawaii Business

Please describe how and when you are conducting your return to your offices and other physical locations. As of mid-June we have been able to return to normal operating hours at all of our branches on O‘ahu, Maui and the...
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Supply Chains Reimagined: Recovery and Renewal in Asia Pacific and Beyond

Global supply chain disruption is both a cause and effect of the major global market slowdown in the wake of the COVID-19 pandemic. This disruption has amplified existing supply chain digitalization and diversification issues for Asia Pacific companies and global...
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